The Agency Audit and Risk Committee is a sub-committee of the Management Advisory Board and meets on a regular basis. It is made up of three non–executives from the Management Advisory Board.
Helen Mackenzie - Chair
Helen Mackenzie is Head of Community and Events at Art of Procurement (Procure Change LLC) that provides advisory, media and events services. Prior to joining AoP, Helen delivered a range of events and services for UK and Northern Europe based Chief Procurement Officers and their teams.
Until the end of 2018, Helen was a senior leader in the Scottish public sector and led award winning teams in both procurement and financial services. Helen’s innovative work on combining community engagement and procurement has received international recognition.
Helen has served on a number of public sector and charity boards and is currently on the board of the Hebridean Housing Partnership. Helen lives in the Isle of Lewis.
Clare Scott - Member
Clare has worked in the pensions industry for over 30 years. She is a Board member at the London Pensions Fund Authority and is also an independent adviser to a number of public sector pension funds.
A large part of her career was spent at Lothian Pension Fund, the local government pension fund in Edinburgh, and includes 5 years as its Chief Executive. Prior to that she worked as an investment consultant.
She lives in East Lothian, enjoys gardening and is involved in a number of local community organisations.
Ian Forbes - Member
Ian is a Chartered Accountant and has an MBA from the University of Edinburgh Business School. He has considerable financial services experience gained across investment management, life insurance and banking sectors.
Ian has worked in Internal Audit, Risk Management and held financial leadership roles across the UK, Europe, US and in India where developed the finance team for Standard Life's joint venture insurer.
Ian was the Head of Financial Management at Standard Life Bank and subsequently the Head of Finance for Standard Life's Group Operations division where he introduced Finance Business Partnering. Latterly, Ian was a Senior Manager in Lloyd's Banking Group's Insurance division where he developed risk and financial processes and reporting in anticipation of Solvency 2 legislation.
At Standard Life, Ian was a Board member of Standard Life Employee Services Limited (the staff and pensions entity).
Guidance, terms and policies for committee members are available in Corporate Governance Policies.
The Committee’s responsibilities are to provide advice on issues of risk and controls, finance, governance and assurance. The reports of the meetings are available below:
Annual Report
Terms of Reference
Meeting Minutes:
2023
- Audit and Risk Minutes 17 January 2023
- Audit and Risk Minutes 29 March 2023
- Audit and Risk Minutes 20 March 2023
- Audit and Risk Minutes 27 June 2023
2022
- Audit and Risk Minutes 19 December 2022
- Audit and Risk Minutes 03 October 2022
- Audit and Risk Minutes 21 June 2022
- Audit and Risk Minutes 24 March 2022
- Audit and Risk Minutes 20 January 2022
2021
- Audit and Risk Minutes 20 December 2021
- Audit and Risk Minutes 28 October 2021
- Audit and Risk Minutes 29 July 2021
- Audit and Risk Minutes 20 April 2021
- Audit and Risk Minutes 25 January 2021
2020